#cepo

The post BSTR and Cantor Equity Partners call off original SPAC terms, delay BSTR listing again appeared on BitcoinEthereumNews.com. Adam Back’s Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners I (NASDAQ: CEPO) have scrapped the terms of their year-old merger on Wednesday and postponed a shareholder vote indefinitely, restarting negotiations on how the Bitcoin treasury firm goes public. Cantor Equity Partners I (CEPO) has said its BSTR deal will not close on the terms set in the business combination agreement dated July 16, 2025. Both sides are now discussing a new structure for the merger and amended terms meant to “better reflect current market conditions.” The reset effectively kills the private placement financing, which was set to raise $1.5 billion, attached to the original merger. A vote that never came to life CEPO had initially planned its shareholder meeting for the 10th of July at 10 a.m. Eastern. But has now canceled the meeting. The company has asked sha

The post Cantor SPAC And Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure appeared on BitcoinEthereumNews.com. Cantor Equity Partners I (Nasdaq: CEPO), a special purpose acquisition company backed by an affiliate of Cantor Fitzgerald, and BSTR Holdings said today that they will not complete their proposed bitcoin business combination on the terms set in their July 2025 agreement. The parties plan to negotiate a revised structure and amended terms that reflect market conditions. The companies said the private placements tied to the original deal will not need to close. A shareholder meeting for CEPO, set for July 10, moved to a postponed date with no fixed timeline. Public shares submitted for redemption will return to holders, the note said.  The announcement marks a reversal for one of the largest bitcoin treasury deals to reach public markets. When the two firms unveiled the merger in July 2025, they framed a plan to take Bitcoin Standard Treasury Company, led

The post Adam Back’s BSTR and Cantor to revise SPAC merger structure appeared on BitcoinEthereumNews.com. Adam Back’s Bitcoin Standard Treasury Company (BSTR), the bitcoin treasury company backed by the Blockstream CEO and bitcoin pioneer, is renegotiating the terms of its planned public listing through a merger with Cantor Equity Partners I (CEPO), with the parties abandoning the original structure agreed last year in an effort to better reflect current market conditions. The companies said Wednesday they will not complete the transaction under the terms of the July 2025 business combination agreement. Instead, they are discussing a revised structure, with further details expected in future filings with the U.S. Securities and Exchange Commission. As part of the changes, the previously announced private placement financing tied to the merger will no longer be required to close. CEPO also indefinitely postponed its shareholder meeting, which had been scheduled for July 10. Any redempti